Lance Gooden: “This amendment would require the annual report to Congress in this bill to include a description of the CCP's financial…”

“This amendment would require the annual report to Congress in this bill to include a description of the CCP's financial intelligence capabilities. The CCP has decided that the fastest way to catch up to the technological leadership of the United States is to steal U.S. intellectual property. This theft is not only an economic issue but also a national security issue. Technological success often leads to financial success. By engaging in financial intelligence activities, the CCP can ascertain which companies and entities have the most valuable intellectual property. To appropriately counter the economic and national security threats posed by the CCP, we need to understand their ability to conduct financial intelligence activities. Mr. Chair, I yield back the balance of my time.”